Aurora Oil & Gas Ltd (ASX: AUT)

AUT Technical Analysis

5

As on
27th May 2014 AUT Share Price closed @
4.18 and we RECOMMENDStrong Buy
for LONG-TERM with Stoploss of
3.48 &
Strong Buy for SHORT-TERM with Stoploss of
4.10
we also expect STOCK to react on Following IMPORTANT LEVELS.

Aurora Oil & Gas Limited is engaged in the exploration, development, and production of oil and gas properties in North America. The company develops Sugarkane oil and gas field, which produces oil, condensate, natural gas liquids, and natural gas in Karnes, Live Oak, and Atascosa counties in South Texas. It has a total net acreage position of approximately 22,200 acres within a gross area of approximately 80,200 acres in the Eagle Ford Shale. As of December 31, 2013, it had approximately 387 gross producing wells. The company was formerly known as Tony Barlow Australia Limited and changed its name to Aurora Oil & Gas Limited in April 2005. Aurora Oil & Gas Limited was incorporated in 1975 and is headquartered in Subiaco, Australia.

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